Government

National budget revenues to increase by 95 billion tenge

National Economy Minister Ruslan Dalenov spoke of the revision of the national budget for 2019 at the Government session, Strategy2050.kz informs.

1 October, 2019 18:16

Kazakh PM orders to develop 5G efficiency projects, speed up rural areas’ access to high-speed internet

The Government session chaired by the PM has considered the issues of providing the rural areas with broadband internet and 5G development, Strategy2050.kz informs with reference to the primeminister.kz.

1 October, 2019 17:31

Bastau Business is all about employment provision – PM

Bastau Business has been running for three years now, covering 15 thousand persons and 28 thousand persons with training in 2017 and 2018 respectively. The project started in a pilot mode in 2016 following the presidential order regime giving people an opportunity to run their own businesses. This year the programme is expected to cover 75 thousand persons, while 15 000 businesses are expected to be opened, the correspondent of the Strategy2050.kz Information Agency informs.

23 September, 2019 16:12

Situation in Kazakh financial markets is stable - National Bank Chairman

The situation in Kazakh financial markets has been stable during the past 8 months of the present year. The inflation has been within the target of 4-6%, with the monthly inflation equalling 0.2% and the annual inflation accelerating to 5.5% in August.

10 September, 2019 12:22

Kazakh PM instructs to design national plan for Presidential Address’s tasks

In the 2 September 2019 Address to the people of Kazakhstan, President Tokayev outlined the need for the structural changes to achieve a stable GDP growth rate of 5 per cent by 2025. In that context, the Kazakh Government vows to diversify the economy and carry out a functional analysis of the activities of the government bodies as well as thoroughly review the surveys of Kazakh and foreign analytics. Read more in the review on the Strategy2050.kz website.

3 September, 2019 15:32

Government approves Kazakhstan’s 2020-24 socio-economic development forecast

The reporting and statistical GDP figures for 2018 and the economic development for the 7 months of the present year, the renewed forecasts of world economic growth and tendencies on the global commodity markets have served as the underlying factors in determining a forecast of social and economic development of the country for 2020-24, Kazakh National Economy Minister Ruslan Dalenov reported this information at the Government meeting.

27 August, 2019 17:03

AIFC new bill to attract more investors

The Astana International Financial Center is fundamental to Nursultan Nazarbayev’s National Plan “100 Concrete Steps” geared towards economy diversification and financial sector’s development, Kairat Kelimbetov, the AIFC Governor says during a regular Government session.

20 August, 2019 14:43

Government session: socio-economic development of Kazakhstan for 7 months of 2019

For January-July this year, the GDP growth has been 4.2% compared last year's growth level. Positive growth has been seen in construction - by 11.5%, commerce - by 7.5%, transport - by 5.4%, manufacturing, including machine-building - by 17.7%, light industry - by 14.3%, ferrous-metals production - by 17.2%, oil refining - by 5.1%. Read the material below for more on the social and economic development of Kazakhstan.

13 August, 2019 14:53

Government session: Kazakh Agriculture Ministry briefs on livestock development

With livestock being the mainstay of the Kazakh agriculture, gross livestock production has represented a 10.5% growth over the previous year, from 962.2 billion tenge to 1063.5 billion tenge during the first half-year of 2019, the Kazakh agriculture minister said.

30 July, 2019 11:57

Implementation of tasks given at expanded government session by Head of State in focus

The Kazakh Government has approved an action plan to implement the tasks of the Head of State given at the 15 July 2019 expanded Government session. These tasks center on raising the wellbeing of the people and enhancing the economy.

23 July, 2019 15:08

Economics of simple things: number of approved projects nearly doubles

The program of preferential crediting runs as part of the economics of simple things acclaimed in the address of Yelbasy (Leader of the Nation) to the people of Kazakhstan “Growing welfare of Kazakh citizens: increase in income and quality of life” to handle development of small- and medium-sized entrepreneurship and employment, thereby creating new jobs. Read more below.

9 July, 2019 14:00

Kazakhstan economy grows stable at 4%

Based on the five months of this year, a positive trend in GDP retains, with GDP up by 4% and annual inflation of 5.3%, which is within the inflation corridor of 4.6%. The investment level outpaced the GDP growth, with the growth accelerated to 7.8%, up from 6.7% in the four months of this year.

11 June, 2019 12:34

Economics of simple things: entrepreneurs to take loans at lower interest rate

In a bid to develop economics of simple things and support for export, in Kazakhstan the systematic measures to scale up the share of local content in public procurements are elaborated as well as model contracts on construction and design. This was known at the Governmental session. More on that, read in the piece of the Strategy2050.kz Information Agency.

28 May, 2019 16:57

How much money do SEZs bring to the state budget?

Total 12 SEZs (Special Economic Zones) and 23 industrial zones operate in Kazakhstan. All of them are provided with different preferences, with their participants enjoying a full package of tax and customs preferences. Read the article below to reveal more on SEZs and IZs in the country.

21 May, 2019 15:22

Economics of simple things: Kazakhstan will down imports to 37%

Consumer goods, textiles, furniture production and you name it, are all what economics of simple things is about. Being underestimated for many years, this can result in GDP growth. Despite being hugely dependent on imports, Kazakhstan keeps developing this area by allocating funds to stimulate production. To know more about the country’s steps in this area, read the article below brought by Strategy2050.kz.

5 March, 2019 15:04